Optimal Ordering Policies in Response to a Sale

1 September 1988

journal article
research article
Published by Taylor & Francis in IIE Transactions

Vol. 20 (3) , 292-294
https://doi.org/10.1080/07408178808966183

Abstract

When a supplier reduces the price of a product temporarily a buyer might be able to improve the effectiveness of his inventory system by placing a special order during the sale period. This paper analyses the effects of a special order on inventory costs and develops optimal ordering policies in response to a sale.

Keywords

SALE
OPTIMAL ORDERING POLICIES
ORDERING POLICIES IN RESPONSE

This publication has 2 references indexed in Scilit:

Optimal Ordering Strategies for Announced Price Increases
Operations Research, 1985
Forward Buying in Response to Announced Price Increases
Journal of Purchasing and Materials Management, 1978